1/47 O'Grady Street, Albert Park, Vic 3206

Sparkling city views and bay glimpses showcase this jaw-dropping, fully furnished 1912 theatre conversion, presenting a unique opportunity to secure a rare piece of Albert Park. Spanning four light-filled storeys, this architectural gem features three designer bedrooms, three luxury bathrooms, three terraces, and an astonishing three-storey arched window.

Immediately welcoming, this residence maximizes space and light for a truly indoor-outdoor lifestyle through clever design inclusions. The impressive stone kitchen, equipped with stainless steel appliances, divides designer living spaces that include a formal dining room for elegant soirées, a casual meals area with customized seating, and a light-filled living area with a gas rock fire. Glass bi-fold doors open onto a large wrap-around alfresco entertaining terrace with a gas pizza oven.

The accommodation includes three double bedrooms. The master bedroom offers sensational city views, a custom bed head, a fitted walk-in robe, and a fully tiled ensuite with a double rainhead shower. The second bedroom features a unique parquetry feature wall and generous built-in robes. The versatile study, with a sliding barn door, built-in robes, and a stylish bookcase/retractable bed, serves as a third bedroom option with private balcony access. Two additional luxurious bathrooms add to the appeal, as does the vast, fully decked-out rooftop terrace with a huge mobile day bed, timber table, TV, direct-to-mains BBQ, stylish planter boxes, and sensational city views.

Premium extras include ducted heating and cooling, two gas log fireplaces, intercom entry, an alarm system, two secure car spaces, a storage cage, lift services, and a communal indoor heated pool, with a theatre and gym equipment. Located in a blue-ribbon locale, it is just a stroll to trendy Albert Park shopping and café precinct, leading schools, bus and tram transport, and Albert Park Lake. Inspect strictly by appointment.